(RCHN) - Today's Low Float (Under 5Mn Shares) Breakout Needs Your Attention
Last Alert Rocketed 300% Intraday - No Time To Waste
I released my latest breakout profile (AEPT) only to watch it run amok on the markets to the tune of a triple-digit intraday surge.
Opening at $.0045, AEPT sped to a high of $.018 for an intraday move of 300%!
Now, look at this:
> Rouchon Industries, Inc. (RCHN) <
RCHN has a tiny float of roughly 4.7Mn shares (OTC Markets), which provides this profile with the potential for extreme volatility.
As we've seen with several of my previous short-term, intraday runners, price spiking could be in the cards for RCHN today if momentum floods into it.
It was only back in May that RCHN saw a two day swing of 262.5% from May 15th's close of $.016 to its high on May 16th of $.058.
If you know anything, history is known to repeat itself...
Could it happen again today???
Rouchon Industries, Inc., doing business as Swiftech, engages in engineering, manufacturing, and distributing thermal management devices for microprocessors and electronic components for the computer industry. It offers air cooling products, including CPU heat sinks, chipset heat sinks, SMC and graphics card heat sinks, fans, and accessories and spare parts; liquid cooling systems comprising liquid cooling kits, water blocks, radiators, pumps, fittings, reservoirs, and accessories and spare parts; and thermoelectric cooling products.
More About RCHN
Swiftech was founded in 1994 by Gabriel Rouchon, and incorporated in 2001 under the legal entity name of Rouchon Industries Inc., dba Swiftech. Its sales skyrocketed in early 2001 following the release of the famed MC370 line of heatsinks. Reviews of the heatsink in the Internet Press propelled Swiftech into the limelight as the number one source for high-performance heatsinks in the aftermarket computer parts Industry. Over the course of the last decade, Swiftech has emerged as one of the leading forces driving the high-end thermal management scene in the personal computer industry.
Pioneering work, innovation, and an uncompromising dedication to high performance and quality have resulted in award winning products setting standards for others to follow. Swiftech has consistently demonstrated leadership by thinking outside the box, and remains to this day driven by an intense competitive spirit. As a result, Swiftech is considered by many as one of the founding fathers of the liquid cooling industry for personal computers. This has been accomplished despite intense pressure from heavyweight industry players with powerful sales and marketing acumen. Swiftech’s name is recognized worldwide, and synonymous with Performance, Innovation, Quality and Value.